Bharti Airtel, formerly India’s biggest telecom operator, announced plans to take its fiber-based broadband services to nearly every town in India over the next three years, except for the smallest of the small. The company, which is currently launching its fiber services in more than 1 new town per day, said it plans to take […]
Bharti Airtel, which this month increased its minimum monthly recharge price from Rs 49 to Rs 79, said it plans to continue with the price increases, targeting to take the average amount paid a single customer from Rs 146 to Rs 200 over the next six months. From this month, the company increased its minimum […]
Facebook, the social networking giant, will help Sterlite Technologies Ltd — one of the oldest private sector cable manufacturers in India — to create specialized 5G radio units. Facebook will help Sterlite Technologies create two products — a 5G radio unit designed for dense deployments, and another, dual-tech 4G+5G radio unit. These are more complicated […]
Infosys Ltd said Philippines-based UnionBank has selected its Finacle banking platform as its software of choice for easing its migration to a cloud architecture. The UnionBank of Philippines, a medium-sized bank with over 3,500 employees, is a traditional Infosys’ customer. Banks are increasingly moving from the traditional IT architecture — under which they buy accounting, […]
RailWire, the wired service from Indian Railways’ RailTel Corp, has announced a set of new plans offering more data for lower monthly subscription amounts. The move comes less than a month after BSNL introduced new plans in the low-tariff category. The highlight of the new RailWire plans is the new 50 Mbps, which is priced […]
Zensar Tech, a mid-size IT and outsourcing company based in India, reported a 3.1% dip in its revenue (after adjusting for currency fluctuations) as the number of onshore employees fell sharply year-on-year due to COVID-19. Constant currency calculations measure how the company’s revenue would have performed had there been no change in currency exchange rates […]
V Mart, which has just acquired Arvind Fashion’s UNLIMITED chain of stores, wants to retarget these stores at customers who find shopping at Reliance Trends, Westside and MAX too expensive
Government of India on Wednesday said lack of economic and social data about intermediate castes will not impact their inclusion in OBC reservations for government services and higher education. Nityanand Rai, Minister of State for Home Affairs, was replying to a question by MP TR Baalu on why the government is not collecting socio-economic data […]
Shares of Zomato, the mobile food ordering service, have been priced higher than those of similar peers, but the company can deliver returns if it can maintain its scorching pace of growth in the future, according to Indian broking house Nirmal Bang. Zomato is currently in the IPO market trying to raise Rs 9,375 cr […]
The government of India seems to have realized a key fact in the fight against COVID-19: Allowing the virus to circulate freely — even if it doesn’t lead to deaths — is poor strategy when it comes to controlling the pandemic. Addressing a meeting of chief ministers today, Prime Minister Narendra Modi emphasized the need […]
Telecom equipment and services provider HFCL Ltd said it plans to offer 5G equipment and turnkey services, marking a move up from its roots as a telecom contractor. The company, which has in recent years successfully diversified into manufacturing — particularly of fiber optic cables and terminal devices — said its new 5G network services […]
Vodafone Idea today said it is not considering any proposal to sell its fiber optic assets, data centers and You Broadband for $1 billion, as reported by Economic Times newspaper. However, responding to a different media report on the sale of its datacenter business and assets, it said these were not material enough for their […]
Seqrite, a cybersecurity consultant and the enterprise arm of Quick Heal Technologies, said a suspected Pakistani group has started a wave of sophisticated phishing attacks targeting India’s cricial infrastructure such as power and telecom. According to the IT security consultant, the initial intrusion chain begins with a spear-phishing email — an email that is designed […]
Vodafone Idea CEO Ravinder Takkar has urged competitors Bharti Airtel and Reliance Jio to gradually move away from daily data plans, and said such plans made ‘no sense’ as consumers don’t use data uniformly. Daily data or unlimited plans were introduced by Reliance Jio as part of its Welcome Offer when it launched its services […]
Indian Pharmaceutical major Zydus Cadila has become the world’s first to seek approval for a DNA-based vaccine against COVID-19, with trials indicating 100% efficacy in adolescents against moderate disease after three doses. The vaccine, which is likely to be approved by Indian authorities, also promises relief for those afraid of needles, as it can be […]
Railtel Corporation of India, the telecom unit of Indian Railways, said it does not expect to lose subscribers to rival operators like Reliance Jio and Bharti Airtel, even as it promised to take its RailWire services to even the tiniest of towns this year. RailTel Chairman and Managing Director Punit Chawla said his company is […]
Puravankara Ltd, the biggest residential real estate brand in Bangalore, said it is making changes to its apartment designs to attract work-from-home customers, but believes that employees will shift back to the work-from-office model in another 12-18 months. STRONG DEMAND The company has been seeing strong demand for its residential flats, as buyers increasingly prefer […]
Amazon has expanded its Fire brand of devices and software to the service sector with the launch of its Fire TV Hotspot broadband service in India. The company started offering Fire TV branded broadband connectivity in the Indian city of Mumbai — making it possibly the only one in the world to get Amazon branded […]
The Hindustan Times group, which runs a similarly named English newspaper and the Hindi daily Hindustan, said its total investment in various companies under its ‘ad for equity’ scheme has crossed the Rs 500 cr mark. Most large media houses in India offer a fixed amount of ad inventory in return for equity of the […]
Sun TV Network, the second biggest home-grown entertainment TV network in India, is planning to invest around Rs 25 cr each on two reality-based shows in Malayalam and Telugu to take on Big Boss. Currently, Big Boss — the most successful reality TV franchise in India — is with Sun TV’s primary rival in the […]
